Research: Investment
The question
To ask the Secretary of State for Science, Innovation and Technology, whether his Department plans to measure the private sector investment in the research and development economy by (a) sector, (b) cluster and (c) departmental spend.
Answered by Feryal Clark
The Office for National Statistics routinely publishes official statistics on Gross Expenditure on R&D (GERD), Business Expenditure on R&D (BERD), and Research and development expenditure by the UK government. These publications include various levels of breakdowns, including by sector and government department.
The Innovation Clusters Map published by DSIT in 2024 presents firm-level innovation activity across the UK, including public and private investment, allowing users to explore clusters to better understand the UK’s innovation ecosystem.
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